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What is economics

Authored by Cody Lehmann

11th - 12th Grade

25 Questions

Used 2+ times

What is economics
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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Using income for purchases, expenses, and debt

spending

savings

goods

services

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

things purchased by consumers

goods

consumer

producer

supply

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A person who provides a good or service

producer

need

want

consumer

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A person who purchases a good or service

consumer

taxes

supply

good

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Basic things humans need to survive

need

want

import

demand

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

Which of these examples is a service?

Mr. Farr sells guitars.

Mr. Swenson gives art supplies to consumers.

Coach provides lessons for different sports.

Ms. Miller writes books.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Something we use from nature

natural resource
human resource
capital resource
entrepreneur

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